Disney issues pink slips to employees at Pixar

[Y2kTheNewOldies]

Disney moves forward with layoffs at Pixar Animation Studios

Disney has moved forward with plans to lay off nearly 200 workers at Pixar Animation Studios.

thedesk.net

Disney removes close to 200 people from the Pixar division. Stay tuned to find out which projects gets cancelled because of this

The Walt Disney Company has moved forward with plans to lay off nearly 200 workers at Pixar Animation Studios.

The plan involves a 15 percent reduction in Pixar’s head count, according to two sources familiar with the matter. Other media reports put the figure somewhere between 14 and 20 percent, impacting more than 175 jobs.

The job losses are part of a broader strategy at Disney to reign in content spending across its various entertainment businesses, including film and television. Last week, Disney CEO Bob Iger said the company would dramatically reduce financial investments in its traditional broadcast and cable networks as more consumers shift toward direct-to-consumer streaming platforms.

 

[Don CT]

A quick way to save money is to cut the executive salaries.

 

[davideduardo]

A quick way to save money is to cut the executive salaries.

First, that is only a tiny savings in multi-billion dollar grossing companies.

Second, if you cut the pay of the best managers, they will go elsewhere and you'll get second or third tier management and profits will decline accordingly.

It's no different than professional sports, except that most corporate executives make a lot less than the best soccer, football, baseball, basketball and other sports stars.

Or actors. Or musicians and singers. Unique talents fetch huge earnings

How many of us could work in an Amazon warehouse? And how many could manage Disney?

 

[Don CT]

First, that is only a tiny savings in multi-billion dollar grossing companies.

Second, if you cut the pay of the best managers, they will go elsewhere and you'll get second or third tier management and profits will decline accordingly.

It's no different than professional sports, except that most corporate executives make a lot less than the best soccer, football, baseball, basketball and other sports stars.

Or actors. Or musicians and singers. Unique talents fetch huge earnings

How many of us could work in an Amazon warehouse? And how many could manage Disney?

A a lot of CEOs have also tanked companies with bad management and still made out big.

 

[davideduardo]

A a lot of CEOs have also tanked companies with bad management and still made out big.

And a lot of athletes have changed team and had a different performance. Or artists have changed labels. And so on.

Sometimes a person that is right for a particular situation is wrong for another. There can be different corporate cultures, different areas of business, different competitors.

The parallel with sports and entertainment stars is very strong, despite apparently different skill sets. Good actors take parts in movies that bomb at the box office, despite their talent. In that case, we see that the script, the director, the budget, the editing, the score and lots of other factors make a good actor unable to achieve success for a bad movie.

Personally, I had just under 3 decades of #1 radio station in audience and billing when I went to work for KKHJ in LA. The environment was so toxic that I was unable to achieve anything to be proud of. Then I crossed the street and was part of the success of KLVE, KTNQ, KCA, KRCD, the Recuerdo Network and the whole HBC group as well as the most listened to station in the Americas, Emmis' Mega in Buenos Aires.

And I was worth every cent they paid me as I gave them salable audiences and attractive formats.

What a lot of people don't realize is that a CEO or President or GM of a group or station is a team leader. It's all about building that team and developing the special synergy a great group can create.

I still correspond with many from my staff at my first stations in Ecuador from 60 years ago, and from other stations I built as well because we were not "manager and staff" but a team that together did something amazing.

I´m proud of most of what I did, and I know many people in radio who deservedly feel the same way. And all of us deserved what we were paid, and maybe more.

 

[Don CT]

And a lot of athletes have changed team and had a different performance. Or artists have changed labels. And so on.

Sometimes a person that is right for a particular situation is wrong for another. There can be different corporate cultures, different areas of business, different competitors.

The parallel with sports and entertainment stars is very strong, despite apparently different skill sets. Good actors take parts in movies that bomb at the box office, despite their talent. In that case, we see that the script, the director, the budget, the editing, the score and lots of other factors make a good actor unable to achieve success for a bad movie.

Personally, I had just under 3 decades of #1 radio station in audience and billing when I went to work for KKHJ in LA. The environment was so toxic that I was unable to achieve anything to be proud of. Then I crossed the street and was part of the success of KLVE, KTNQ, KCA, KRCD, the Recuerdo Network and the whole HBC group as well as the most listened to station in the Americas, Emmis' Mega in Buenos Aires.

And I was worth every cent they paid me as I gave them salable audiences and attractive formats.

What a lot of people don't realize is that a CEO or President or GM of a group or station is a team leader. It's all about building that team and developing the special synergy a great group can create.

I still correspond with many from my staff at my first stations in Ecuador from 60 years ago, and from other stations I built as well because we were not "manager and staff" but a team that together did something amazing.

I´m proud of most of what I did, and I know many people in radio who deservedly feel the same way. And all of us deserved what we were paid, and maybe more.

Who would you blame for the demise of retail. Is it all Amazon’s fault or upper management not seeing the change in trends. Can you make a parallel in radio.

 

[AbrahamJSimpson]

Who would you blame for the demise of retail. Is it all Amazon’s fault or upper management not seeing the change in trends. Can you make a parallel in radio.

A completely false premise, as seems common. Exaggeration, oversimplification and outright silliness do not make a compelling case. With obvious fluctuations for macroeconomic and global events, total consumer retail spending continues to rise viewed long term. Amazon is a retailer. They're many things, but a retailer is one of them. Plenty of long-established brands embraced and capitalized on digital trends-among them Target, Walmart and others. The pick-up options, the delivery options, they're all retail. Individual brands collapse for a myriad reasons, with some commonalities and some unique reasons. The silly "it's overpaid upper management being dumb" type stuff is not a substantive argument.

 

[Don CT]

A completely false premise, as seems common. Exaggeration, oversimplification and outright silliness do not make a compelling case. With obvious fluctuations for macroeconomic and global events, total consumer retail spending continues to rise viewed long term. Amazon is a retailer. They're many things, but a retailer is one of them. Plenty of long-established brands embraced and capitalized on digital trends-among them Target, Walmart and others. The pick-up options, the delivery options, they're all retail. Individual brands collapse for a myriad reasons, with some commonalities and some unique reasons. The silly "it's overpaid upper management being dumb" type stuff is not a substantive argument.

The fact is the stock price is all the matters. Keep the shareholders happy at all costs even if that means hurting the company long term. Employees are expendable. The consumers are expendable.